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American Electric Power Co (American Electric Power Co) 3-Year Dividend Growth Rate

: 5.90% (As of Dec. 2023)
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American Electric Power Co's Dividends per Share for the three months ended in Dec. 2023 was $0.88.

The historical rank and industry rank for American Electric Power Co's 3-Year Dividend Growth Rate or its related term are showing as below:

AEP' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -16.4   Med: 4.1   Max: 6.1
Current: 5.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of American Electric Power Co was 6.10% per year. The lowest was -16.40% per year. And the median was 4.10% per year.

AEP's 3-Year Dividend Growth Rate is ranked better than
55.97% of 293 companies
in the Utilities - Regulated industry
Industry Median: 5 vs AEP: 5.90

During the past 12 months, American Electric Power Co's average Dividends Per Share Growth Rate was 6.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

American Electric Power Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.31. As of today, American Electric Power Co's Dividend Yield % is 4.07%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of American Electric Power Co Inc is 0.79, which seems too high.

Good Sign:

American Electric Power Co Inc stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Utilities - Regulated Electric subindustry, American Electric Power Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Electric Power Co 3-Year Dividend Growth Rate Distribution

For the Utilities - Regulated industry and Utilities sector, American Electric Power Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where American Electric Power Co's 3-Year Dividend Growth Rate falls into.



American Electric Power Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


American Electric Power Co  (NAS:AEP) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

American Electric Power Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.88/ 0.671
=1.31

During the past 13 years, the highest Dividend Payout Ratio of American Electric Power Co was 0.83. The lowest was 0.59. And the median was 0.67.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of American Electric Power Co Inc is 0.79, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

American Electric Power Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.8802024-02-082024-02-092024-03-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.8802023-11-092023-11-102023-12-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.8302023-08-092023-08-102023-09-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.8302023-05-092023-05-102023-06-09Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

American Electric Power Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=3.42/84.20
=4.06 %

Current Share Price is $84.20.
American Electric Power Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.42.

During the past 13 years, the highest Dividend Yield of American Electric Power Co was 4.60%. The lowest was 2.60%. And the median was 3.46%.

Good Sign:

American Electric Power Co Inc stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


American Electric Power Co 3-Year Dividend Growth Rate Related Terms>


American Electric Power Co (American Electric Power Co) Business Description

Traded in Other Exchanges
Address
1 Riverside Plaza, Columbus, OH, USA, 43215-2373
American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 42% of AEP's of capacity is coal, with the remainder from a mix of natural gas (27%), renewable energy and hydro (21%), nuclear (8%), and demand response (2%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.
Executives
Daniel G. Stoddard director 5000 DOMINION BOULEVARD, GLEN ALLEN VA 23060
Kate Sturgess officer: Controller, CAO 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Antonio P Smyth officer: Executive Vice President 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
David Matthew Feinberg officer: Senior Vice President C/O ALLEGHENY ENERGY, INC., 800 CABIN HILL DRIVE, GREENSBURG PA 15601
Christian T Beam officer: Executive Vice President 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Nicholas K Akins officer: Executive Vice President AMERICAN ELECTRIC POWER COMPANY, INC., 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Ann P Kelly officer: Executive Vice President & CFO 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Greg B Hall officer: Executive Vice President 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Peggy Simmons officer: Executive Vice President 212 E 6TH ST, TULSA OK 74119
Raja Sundararajan officer: Executive Vice President 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Donna James director ONE MIRANOVA PLACE, SUITE 1040, COLUMBUS OH 43215
Therace Risch officer: Senior Vice President 6501 LEGACY DRIVE, PLANO TX 75024
Charles E Zebula officer: Executive Vice President 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Lisa M Barton officer: Executive Vice President AMERICAN ELECTRIC POWER COMPANY, INC., 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Paul Iii Chodak officer: Executive Vice President 1 RIVERSIDE PLAZA, COLUMBUS OH 43215